Commercial Real Estate Direct/Trepp, May 16, 2024–Orest MandzyThe major mortgage REITs saw their collective loan portfolios shrink by nearly 11% over the past year, as most had sharply curtailed lending …
Category: Top National News
MBA: Mixed Trends in Mortgage Delinquencies for Q1 2024
MPA, May 17, 2024-Candyd MendozaOverall mortgage delinquencies ticked up in the first quarter, but not across all three of the major loan types, according to the Mortgage Bankers Association’s (MBA) …
A 20% Home Down Payment Isn’t ‘the Law of the Land,’ Analyst Says. Here’s How Much People Are Paying
CNBC, May 14, 2024-Ana Teresa SoláConsumers are putting down more money to buy a home — but the typical down payment is still much less than you might expect.Click here for …
Listen: The Daily–The Possible Collapse of the U.S. Home Insurance System
The New York Times, May 15, 2024-The DailyAcross the United States, more frequent extreme weather is starting to cause the home insurance market to buckle, even for those who have …
‘The 30-Year Fixed-Rate Mortgage is a Uniquely American Construct,’ Analyst Says. Here’s Why
CNBC, May 7, 2024-Ana Teresa SoláMost U.S. homebuyers taking out a mortgage opt for a 30-year fixed-rate option — but they may not realize how unusual that offering is.Click here for …
Agency MBS Issuance Increases in April; Refis Down
Inside Mortgage Finance, May 8, 2024–John BancroftGinnie Mae, Freddie Mac and Fannie Mae printed $85.14 billion of new single-family mortgage-backed securities in April, a 9.6% gain from March, according to …
Agency MBS Issuance Increases in April; Refis Down
Inside Mortgage Finance, May 8, 2024–John BancroftGinnie Mae, Freddie Mac and Fannie Mae printed $85.14 billion of new single-family mortgage-backed securities in April, a 9.6% gain from March, according to …
How Rich Homebuyers are Avoiding High Mortgage Rates
Yahoo Finance, May 13, 2024–Janna HerronThe all-cash deal is back in vogue for homebuyers, a shift that favors the wealthy. Luxury housing markets in New York and Florida are boasting …
Foreclosures Leave Long-Term Scars on Homeownership Rates
MPA, May 13, 2024-Candyd MendozaA new study by the Federal Reserve Bank of New York reveals the lasting financial consequences of foreclosure for millions of Americans.Click here for more
Why Second Mortgages Could Make a Comeback
Axios, May 13, 2024-Felix SalmonFreddie Mac has a new revenue stream in its sights, thanks to the record $17 trillion of home equity sitting untapped in U.S. houses.Click here for more